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will be recognized for one minute. >> mr. speaker, i rise today in strong support of the nuclear energy sector, not only do nuclear power plants provide affordable, reliable and clean energy, they also provide many quality high-paying jobs and are the backbone of many communities. my district is shome to a nuclear plant -- is home to a nuclear plant that employs near 700 people. nuclear energy is a secure energy source that plays a vital role in a responsible, all-of-the-above energy policy. mr. davis: it is the biggest provider of reliable, efficient, clean energy and it provides on-demand energy 24/7. the recent record cold temperatures in the midwest show the importance of energy diversification. many of my constituents saw steep increases in their electric bill. while pipes froze and transportation became difficult because of iced roads and bridges, nuclear power remained consistent. i worry that things could have become worse if nuclear power wasn't able to fill the gaps where needed. this is why i stand here today in support of nuclear energy and all of my constituents and the hardworkin
city, and san francisco clean energy advocates which is a coalition working to move forward cleanpowersf. so, it's really important after that presentation to focus on this issue of available money and bonding and how that relates to the s.f.p.u.c.'s quote-unquote financial crisis. first of all in 2002 when the law what passed in order to enable community choice aggregation, cleanpowersf, that was to be self-funding ~. so, the customer revenue stream that you bring in by bringing in hundreds of thousands of customers into this new program provides a brand-new revenue stream and also the revenue stream that you get from doing what lafco is about to do, which is design a local build out program which is going to bring in revenues over the long term. those are what build cleanpowersf. there is no connection whatsoever really, except for bond rating to the san francisco public utilities commission to bond for its own stand alone energy programs. that's totally different. so, the point is cleanpowersf is designed to be self-funding. it's designed not to cost rate payers, taxpayer
? >> yes, it is there and one of the tasks which is what is the energy mix and what is the best energy mix because i know that recs were a question. and as you recall, the reason why the recs increase is because there was a question from the sfpuc commission to reduce the rate down. so, we am a balancing act there. that still continues to be the issue. >> okay, great. and the role of the puc for requesting an interview, is that something that would continue to be a rate setting responsibility or what would happen? who would select? i imagine lafco would be the one to choose -- >> lafco would select the consultant, but that's what i'm requesting, that a member of the sfpuc staff be assigned to sit on the panel to assist in that selection. >> what about this rate setting function of the puc? >> that is a charter function. >> but would that still need to happen if we need into a new contract? if we went down the same road we did with shell -- >> yes. >> okay. >> okay. >> thank you. >> commissioner moran. >> thank you. a couple questions. the rfp, do you have an estimate as to what the cost is
care reform, one of the authors of this bill, mr. waxman, the ranking member of energy and commerce, from california. the speaker pro tempore: the gentleman from california is recognized. mr. waxman: i thank the gentleman for yielding to me. the truth of the matter is no matter how many votes the republicans cast to repeal the affordable care act, and no matter how many distortions they spread about the law, there are some facts they cannot change. they cannot change the fact that because the affordable care act nobody in america can ever again be denied health insurance because they have a pre-existing condition. they cannot change the fact that a woman can never be charged more than a man for the same coverage. they cannot change the fact that a family will never again be left without coverage just because their child's hospital bills got too high. these facts are stubborn. they are inconvenient for my republican colleagues, so they ignore them and they deny them. republicans have voted or will today 50 times to try to take away the basic security and freedom guaranteed by the aff
-of-the-above energy strategy. it's part of our focus on the floor this week, in fact. because developing our own resources just doesn't bring jobs home, it strengthens america abroad. last month the energy and commerce committee released a report that says, and i'll quote, by becoming a natural gas exporter, the u.s. can you is plant the influence of other -- supplant the influence of other importers like russia and iran while strengthening our allies and trading partners around the world. the key word in that statement is can. we can is up plant russia's influence but -- supplant russia's influence but we won't as long as we have to contend with the energy department's achingly slow approval process. as we speak, the administration is sitting on 24 applications for natural gas exports, it's approved just six in the last three years. this amounts to a de facto ban that only emboldins vladimir putin, allowing him to sell large quanltities of natural gas to -- quantities of natural gas to our allies. the american people have seen the threat that putin puts forward. they know something must be done
some of the biggest names in the energy business are saying about the major issues facing the industry. >>> encouraging words about the u.s. economy today from ben bernanke. in his first public speech since stepping down as chairman of the federal reserve at the end of january, bernanke spoke at a financial conference in the united arab emirates, saying the outlook for the u.s. is positive compared to the rest of the industrialized world. he believes the u.s. economy will continue growing at a rate of around 3% this year. >>> president obama may be counting on that kind of growth or even more for the year ahead as he unveiled a proposed $3.9 trillion federal budget for the year 2015. fiscal year, that is. it focuses on ending tax breaks for the wealthy in order to pay for massive improvement projects for the nation's crumbling infrastructure. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the we wealthiest americans or create jobs and grow our economy and expand opportunity for every american. >>
at kiev business school and from washington, mihala acting director of the council's energy and environment program. jacob, is there much in the way of economic leverage at the u.s. holds in russia? >> cared to the e.u. in my opinion no. you like in europe, for instance, you could move to targeted freezes because a lot of russian least similar to what the former ukraine cocaine leadership had in europe, they had money inside the e.u. and that could be frozen. they don't have as far as i know much money in the u.s. so no, there isn't much. >> how is russia enmeshed in the economy of e.u. and europe more broadly? >> indeed, but the point is that the current situation isn't purely economic. when speaking just about the economy, western countries, european countries are interested in keeping close ties to russia in importing russian gas and exporting technology and investing into huge russian potential. but at the moment since last week we have geopolitical military situation and it prevails on economic. that is why european leaders change their minds and their statement become
reliability standards nationwide and within the west. they are an arm of the federal regulatory energy commission and they've gotten much more diligent and involved in how utilities, electric utilities operate their system. electric utility system are interconnected and a problem on one entity system can cascade into another's. with the reliability council, what they're trying to do is make sure that that cascading does not happen and all the systems individually are operated in a way to keep their problems within their own assets. and, so, in order to comply with new rules that are coming out to address those reliability concerns, we have included in our ten-year capital plan an increase of 32.4 million to address the needed improvements. so, again, we had anticipated almost 27 million, but with the changes in regulations it needs to increase by 32.4. unanticipated at that level. and as we face all of these challenges, we still have the ongoing obligations and responsibilities that the federal law and the city charter have placed on us to operate our hetch hetchy system responsibly to
and the guy that's supplying the energy for the united states? >> host: where did you read they pay for leasing of the land and taxes? >> caller: that's just on the internet. >> host: zachary goldfarb, the oil companies and gas company to pay taxes and they do have to pay the federal government to lease these lands. >> guest: that's right. the reason the government thinks is there is its multiple. first, the government belief these are public lands in many cases and some some of the benefits of that oil and gas should spread the people in those committees and around the country and not just into the pockets of the company. secondly, there is enforcement, environmental regulations in terms of government oversight when you do natural resource billing and exploration in the united states to protect in private, natural habitats and so forth. that needs to be paid for as well. i think the funds and licensing fees go to that support. >> host: freelancer on twitter, how much debt did bush leave? i read 11.5 trillion spent in eight years and the gop act like they have nothing to do with the
is blackmailing europe over energy. >> customers continue to say they need the pipeline. >> fossil fuel industry will always outspend everybody else. >> look at what is happening in ukraine. >> it's mainly about energy. >> great suggestions, one the keystone pipeline. >> marketplace continues to push to build the pipeline. >> i'm right when i talk about that inherent link between energy and security. >> i know that pipeline is necessary. >> america needs pipelines. >> good to have you with us. thanks for watching. we're getting into the say anything, do anything phase of the keystone xl pipeline. all the smart people saying we got to have it. we must not be very secure right now. if we don't build this pipeline, we're not going to be very secure. you see, conservatives what they're doing right now is that they are exploiting a foreign policy situation overseas to get something that they really want and they really don't know a whole hell of a lot about. they are shamelessly using the crisis in the ukraine to push for the keystone xl pipeline. i say not so fast. the conservative noise machine is
. his funds blew away the market last year. you done want to miss hpicks. >>> the energy departmentç approving loan guarantees for first new nuclear power plant in years. christine todd whitman tells us whether this is the beginning of a nuclear resurgence in this country. >> and chipotle trying to walk back comments that rising costs associated with climate change could eventually force the company to take guacamole or salsa off the menu. we have a stock brawl coming up. you're watching cnbc, first in business worldwide. for tapping into a wealth of experience. ♪ for access to one of the top wealth management firms in the country. ♪ for a team of financial professionals who provide customized solutions. for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. the recent spike in energy p
energy costs down whether it be in refining where he has the best chemicals to be able to get the most gasoline out of dirty oil, for instance, in the turbo which is what you need to be able to low your -- get more mileage out of each gallon. that's a very important thing. and, of course, he does the cockpits for pretty much everybody. he's done a remarkable job in honeywell, my charitable trust owns it. it's just been a gigantic winner. at one point they asked him about activism and he had a great answer when your stock goes up all the time the activists don't call. good man. >> is it your favorite industrial name? >> definitely. >> really? >> yeah dave cody is a remarkable guy, and yes, i'll admit we are next-door neighbors and he's also a terrific guy in person. >> you can't argue with what he brings to the interview and certainly with the stock as you said. we'll watch that closely along with exxon also having a -- >> yes, down. >>> in the meantime, former microsoft ceo steve ballmer giving a talk to graduate students at the university of oxford's school o
of the leverage that president putin does have. partly, he has the energy, which flows underneath ukraine and supplies so much of europe. and more than that, he has now threatened, we are told, to no longer use the united states dollar as a currency on the world market. what if he did that? maria bartiromo from the fox business network will join us next to talk about the ramifications of such a thing. whether he could do it and what it would mean to our economy. would it, as the russians say, cripple our economy? that's next. t! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" [ chainsaw whirring ] humans -- sometimes liferips us up. sometimes we trip ourselveup. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi-policy discounts from liberty mutual insurance. save up to 10% just for combining your auto and home insurance. call liberty mutual insurance at... [ thump ] to speak with an insurance
that with ed royce. i think we need to take the fact that america in 2020 will be the leading world energy producer, so let's talk about that being used to be an offset to the russians because their energy is their weapon. if we're looking to make russia a pariah state, that's where the president needs to be talking. >> listen, i think there's a lot to be said for that. as you know i'm more of a clean energy guy but taking that away from russia, their monopoly in energy, is good. but republicans are missing an opportunity to look more bipartisan. >> congressman engel, i think what bothers republicans is how much the president and the administration seems to have empowered putin over the past few years. just to give you a couple of examples. russia controls the northern distribution network which is one of the main access points in afghanistan that our troops rely on to get supplies and food and water. putin controls that. putin is controlling our syria chemical weapons collection deal, which is a farce. putin is undermining our negotiations in iran. have we given him too much power? why ha
this is a tiny economy and russia is a third world economy for its energy sector but the point is -- bob, let me go to you. the point is europe could get involved, natural gas shutdowns could get involved and these kinds of tensions have a way of rippling through. i like this reuters announcement, i'm going to assume it's true. i like the sound of it. the stock market may not like the sound of it because it's the united states being tough and kind of in your face to putin. let's face it, bob, putin's thugs have taken over the sovereign state of crimea, ended the legislature, ended the prime minister and therefore we've got to do something about that. >> correct. forget these statistics. the ukraine is one quarter of one percent of whatever. 1997, larry, i was down on the floor of the new york stock exchange when the tide bot collapsed and nobody was saying that tie land was an important part of the economy but the ripple effects around the world were felt in other economies. it's the butterfly wings in africa that causes storms in the united states. >> it was the anchovies off the coast of peru.
are under way. they can develop alternative energy supplies, including fracking. including as the united states becomes an energy exporter, there are alternative sources there in the future and sources -- the inauguration of of the new pipeline project from the caspian sea which will be a new route for gas supplies into europe, not passing through russia, not from russia. this infrastructure will take time to develop but it is important to do so. the world is becoming increasingly unstable. this latest example to world peace is the classic case in my view. will the foreign secretary array with me -- agree with me that our country must rethink the funding of our armed forces to make sure we have the ships, the navy, the air force to me potential threats in the future. i am not hinting we should go to war on this case but it is a reminder we need to keep our defenses up. in an unstable world we do need to keep up our defenses, that is right. that is why this country is investing in some very sophisticated military projects for the future. as twotain the spending percent of our gdp on defen
. they are an energy export dependent economy. once that we can do is to open up our export of liquefied natural gas. it will have a huge impact on the price and that russia enjoys in their monopoly dominated europe. i have a bill that would have expanded the gas exports to nato. dropping a bill today that will expanded even further. entering this in the national market and economically impact russia. neil: at the very least we should re-examine our opposition to drafting and some states. that is just more energy for us and the one thing that i'm curious about is it's precisely that energy independence. we need a lot of energy coming via russia and the ukraine. so don't think that. >> it certainly is an issue. they are, as you describe, being economically impacted by some very old things. this president needs to step it up and in that weakness, russia will be adventurous spirit even if they are and they start feeling the pain of their own stupidity or bullying, maybe that is what gives them cause in the future and tyrants who might think about doing tyrant type stuff. >> absolutely. i think that eco
a billion dollars of energy subsidies then we can warn that his government was going up from the sanctions to impose and russia. as soon as this week so far the sanctions and diplomatic isolation appeared to be having little impact will be hearing from our reporters throughout the region often visible on the laces fuss moving to them while we still see me and putting them into the panic among the non ukrainian treat the nice in the green the emboldened by the team's presence. they seek to negotiate with the russian forces controlling and things the russian soldiers on meeting the times reported from time magazine present at the seams. eventually backed down. instead they have to await orders from moscow to how to proceed. it is judging into tin for the last time consequence teens from the press in advance of the last week. he was asked his opinion on the change of government in ukraine. later the russian speaking population that is being commissioned and under what conditions moscow and st so you can see non said the handling and unconstitutional keen in ukraine. he soon became the new com
of conserving energy and reducing emissions remains arduous. >> reporter: and he promised the government will severely punish public servants and others involved in corruption. after the session we asked some delegates about li's report. >> translator: i think the campaign against corruption should be more tightened up. it's also set out in report. only in doing so the government could do its own duty. >> this i think is a basement, there will be some problem. so we need to do things step by step. >> let's now talk more about the government work report. nhk world kyoko fujita spent the day going through it. let's start by talking about the 7.5% economic growth target. what's behind the decision to maintain that figure? >> well, this is very much what china's economy from one that's export led to one that relies more on domestic consumptiocons. here's more of what premier li had to say. >> translator: we set the growth target at around 7.5%, because we considered that was necessary. and feasible. >> since coming into power last year, president xi and premier li have been focusing on quali
european cell wondering whether the current crisis will suck because of the home when it comes to energy. cctv jackpot and filed this report from brussels. ukraine continues to brace itself for shopping places in the price of russian gas or even gasp cops europe is also in calculating how badly the current crisis could hit its own energy supply. it's pure been told who consumes about four hundred fifty billion cubic meters of casper year. and some two thirds of these are imported from third countries. tom and one third of toast with guards are from russia. that adds up to about a quarter of europe's gas coming from russia. how stations back in the lights on. pastor warms up comes in a bull dog central heating. strong yes about how the eu russian gas supplies wrong for you cry in two thousand and nine when the kremlin cup gets during a rally with kiev because has a list in your that was during a very harsh winds of winter just passed laws that take you a mile of the sort of fit in well so we're going out clothes someone so when all talking about an immediate crisis swan contingency plans
them were we not in existence. and then many other benefits from in-city solar, energy efficiency, street lights, just the work force, and operations of the hetchy power enterprise, really bringing lots of benefits to san francisco. >> ms. hale, could you say -- it says here the first bullet after the hetch hetchy system also provides 100% clean power to nongeneral fund customers at pg&e rates or less. could you give an example? >> yes, for example, the san francisco airport, the ferry building, these are facilities that we serve. they are not on the general fund side of the city's budget ledger. they are our customers. so, tenants within city facilities like the ferry building, the airport. >> very good, thank you. >> you're welcome. and, of course, some of the largest consumers on the nongeneral fund side are puc utility, water and wastewater services. and, so, what we're showing with this slide is just an outline on the left of the revenue sources. and on the right the costs. so, this shows you in order to get those benefits, you know, we incur certain costs and we charge for t
"... focus is power... focus is life... and 5-hour energy is focus. transferred money from his before larry instantly bank of america savings account to his merrill edge retirement account. before he opened his first hot chocolate stand calling winter an "underserved season". and before he quit his friend's leaf-raking business for "not offering a 401k." larry knew the importance of preparing for retirement. that's why when the time came he counted on merrill edge to streamline his investing and help him plan for the road ahead. that's the power of streamlined connections. that's merrill edge and bank of america. >> jon: welcome back to the program. you know, it's been brought to my attention many times. the great martin luther king, jr., once said the road to equality is a difficult hard road. many bathroom breaks and hopefully a stop for snacks. look it up, did he say that. [ laughter ] -- he did say that. is our trip finally coming to an end? jessica williams filed this report. >> when president obama was elected and then reelected, one thing became perfectly clear. >> the truth is that
in europe and it has really shrunk. potentially, they have big energy plans for europe. >> it is not proven yet. >> if it turns out that american companies are there -- >> let me ask about the united states. >> yeah. crimea, the have gas and -- but let me ask you about the united states role. you had friendly relations with george bush and you had good relations with the obama administration. i expect that you feel that the administration was not as helpful to georgia as they could have been and will not be as helpful in the ukraine because the united states has bigger fish to fry with russia. i do not think anybody can afford to neglect this. if they do, it is a major disaster. this guy is dangerous. this is going to continue. it is not limited to crimea. it allows us to have another crisis moving somewhere and everybody forgets what happened in georgia apostates. it is getting shorter and -- ter and >> to be fair, he said that he did not feel any need to escalate. >> they are using the word of escalation stop there with the occupation and europeans might escalating.is he is escalating. le
, the reality is that russia has a lot of nuclear weapons. their economy is modest except for energy, and they're not a great power, but they have the ability to pick them off one at a time. their neighbors abroad, they can do that, they went into georgia as you'll recall. ukraine is enormously important to the world. and the idea that we would have created an environment that is hospitable is outrageous. it's not just putin, it's going to be the people's republic of china. even if it's not in cahoots with put putin. >> it seems like the president and the secretary of state keep lecturing putin, that they have a 19th century mentality, this is the 21st century. he made a speech where -- in which he says the great power conflict is a thing of the past. i want to ask you about these words the president uttered many listen to this closely. >> those countries that are large like russia or china, we have the kind of relationship with them we're not getting into conflicts of that sort at least over the last several decades, there's been a recognition that neither country benefits from that kind of g
of their energy supplies and actually we have seen a significant recession in european leadership over the last ten to 20 years. but we need to act and we need to speak up in favor of the people who are now being overtaken in crimea by vladimir putin's army, his military. and i worry and -- in conclusion i say it's time we woke up about vladimir putin. it's time that this administration got real. and it's also time for us to worry about what vladimir putin will do on eastern ukraine on the pretext that somehow disorder and demonstrations might require russian presence. and my friends, if we allow mr. putin to assert his authority over these areas because of russian-speaking people, that message is not lost on poland, where there's russian population, on romania, on latvia, estonia, lithuania and moldova, and we are on the verge possibly of seeing a move to reassert the old russian empire, which is mr. putin's lifelong ambition. madam president, i've overstayed my time. i thank my colleague from alabama and i yield the floor. the presiding officer: madam president? the presiding officer: the sen
, pointing out that russia is germany's biggest supplier of energy. we know that merkel spoke with our president last night. she spoke with putin several times since the crisis started. could she be a key player in potentially resolving this situation? >> yes. absolutely. i mean, germany, after all, is the most important military and economic power in europe. the problem here, as you rightfully point out, is that most of germany's natural gas supplies run through that natural gas pipelines through ukraine, from russia, to germany. she's already signaled that she's not in favor of imposing economic sanctions on russia. well, if she's not in favor of supporting economic sanctions on -- on russia as well as denying russia a space in the g-8 and turning that into the g-7, it sort of defangs the capacity of the united states to act forcefully with putin if he decides that, well, what -- what matters to him if he moves his forces into eastern ukraine. who's going to stop him. >> yeah, and josh, i also want to touch on the energy and economics issues which are important here. >> yeah. >> a lo
exports travel through the pipelines that go through ukraine, so how is energy factoring in this equation? >> it's vital. we're being aggressive because we don't depend on russian energy, where as the germans, this is a big debate. maybe this is a positive thing that the russians depend on a trade with europe and why putin's backing off now, or does it make the europeans dependent on russia? >> it's fot really an option for russia to stop the exports. that would be self defeating economically. >> true, but we were talking earlier, on monday the russian stock market lost $70 billion, at the same time, vladimir putin spent $50 billion on the sochi olympics, so i think it's the economic costs making it pause now. >> at some point it's got to have enough of an impact on the russian economy that he's sitting up and taking notice. >> yes, that's why the u.s. is pushing harder for economic sanctions. i think the economic issues make him pause. he's unlikely to push further into ukraine with his troops, but if he feels he's going to lose his warm water port in crimea, which this is all about, he
energy, and education. outside, more than a dozen protesters and a few israeli supporters gathered along shoreline boulevard. >> the countries long ago stopped all of their business with apartheid south africa so now governor brown thinks it's okay to form this relationship is just beyond disgusting. >> israel is a tiny desert country, they've been dealing with, for example, water use issues all of their existence and after three years of drought, we have the same issues here. we could learn so much from israeli technology. >> reporter: security was tight around the event. we saw secret service around the building and also used dogs to patrol the area. after this, netanyahu is scheduled to visit other leaders. david louis is inside the event right now. you can follow him on twitter and catch his reports on later editions of abc 7. reporting live in mountain view, matt keller, abc 7 news. >> thank you. >>> bart service has finally resumed several hours after a man was hit and killed by a train. abc 7 news reporter joins us live with this very sad story. amy? >> reporter: i just got briefe
of energy. the painter seems to make virtue out of energetic dorder. is hothe dutch often ke to see themselves, full of dynamismanhigh s at the same time, rembranddid his best to give the group a more soldierly appearance. the figures we see here loading the musket... shooting it off dangerously close to the lieutenant's hat, blowing the powder away om the top othe gun, all rrpo to the warlike vals which this group of soldiers liked to believe they embodied. it's a group portrait and a history painting, something that testifies to the reassuring disorderliness of plain citizens. it's really chaos on an epic scale, something which immediately expresses not dumb discipline, but high animal spirits, the boisterous riot of energy, movement, and visual noise that explodes out from its center towards us. in every sense, to give it its correct title, the march out of the company of frans banning cocq. the flair for drama that invests the ghtwatch with so much ergy carries ov io mbrandt's re iimate work. his portraits go far beyond the rendering of facial features. we read personal and priv
,hose particularly energy. this has been about for the russian economy. the currency has fallen. the stock market is down. there was a reaction to this that may affect putin's economy. but i mention one other thing? is this beautiful and large country called ukraine. suppose ukraine finally after failing in 2004 get it right -- democracy, gets rid of corruption, the economy is improving, and it is there of the border for russia. i think it makes him nervous if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia. if the sanctions fail? what do you do it the pressure with his he continues own ambitious ideas of expanding within his own borders and spears of influence? >> go back to georgia in nato. if you tried something like that ay with one area that has significant russian popularity -- population, he would be attacking nato. that would be an entirely different set of circumstances. i have no illusions that in the short term, we will be able to ambitions.tin's in the long term, we can curb those ambitions in many ways, b
? >> yes, some of them will work, there's no question about that. it's just a question of how much energy is going to be put into the device to get it to work. what's going to be the most energy efficient way to do this, because remember, we have to get the craft up there that's going to do the work, we have to give it capability to maneuver around in space. once the technology that's going to be used to remove something from orbit, one of the ideas of attaching a tether so it builds friction and pulls the object down is not such a bad idea, because it doesn't require a lot of material to do that. if you could just push something out of orbit, that might not be a bad idea, because it may not require a large energy budget to make that work. you keep the expenses down in energy and materials and get the job done, it's just that those methods are slow and there's a lot of material that needs to be cleaned up. if there was a faster way to do it, that might be better. >> boy, that's certainly a big problem. nasa's budget was just announced or at least what they're hoping for the budget the nex
's nice and also to have the energy produced as close to the client as possible. on to lunch and we are and preparing and who would be doing. she looks european energy projects on the other hand we needs. the stench of ice smaller energy sources in horror and yes the report said up to your interview here. it helps that he got scorched by forty nine after his chopsticks. not only in that it is ten years ago what a wealth of the top ten years to settle for some folks may need it to come out on time and then staged a minor disaster happens to indicate can sometimes take nine to ten months. the bbb to speed up payments. small changes to has been that well said having an add on monday. the very beginning when the defense. the state expects to see. we think it's funny what they see as he got interested to see the bottom of us had to kick back. cold cold. the most astute fight to the funds can be used in a more transparent and flexible way the oscars. at the expense of fish i could pay for two thousand and ten at st michael got people almost exclusively bursting at the unit searched the p
at the impact that comes through commodity and energy prices. today, it does not look like this is going to be a deflationary event for the last. that is something we have to be wary of. >> talk about emerging markets and we have elections in india for april and we have a lot of movement in china. without corporate default. are you more cautious than you were? >> i think the answer is that we remain cautious on emerging markets and the growth cycle has not yet got to a pays for a base that benefits the emerging markets and you are seeing the problem come through in china. china knows they cannot rely so heavily on the west for demands and gdp growth on exports. there is also investment spending that has been a big contributor to growth and cannot continue at this sort of pace that it has been. it has to come more from consumer spending and that is hard to generate. there could be a lot of pickups. >> the chief investment officer. we are back into. >> in london, this is on the move in london. we're streaming on your phone and tablet and on bloomberg.com. let's get back to richard. thank y
the rebuilding of the exhibition complex expo two thousand seventeen one that can only generate energy here the program saw travis will be launched waste products will be transferred from the town to the prices explain the complex expo will consume less energy. the most advanced technologies corresponding to the economy will be implemented here. all these facilities will be excess oil to people after the exhibition expo the worst sort of news to read it for the first time that all facilities all complex mcgovern all in one place. therefore we take advantage from all the heavy old technologies we gather them all more complex and i get to show to the world is an example of new sustainable city. it was sweet with a bow some of today's professional sports where tailing a prize care is of course for the countries of the customs union. the domestic enterprises a good demand and owners explained with the absence of the competitors in neighboring markets. after this halim pics. chinese experts noted that the national team of kazakhstan was the only team which did not wear the uniform of the world f
on its energy are little bit more hesitant, the complete western unity on this issue is unlikely at this point. season companies and individual property and accounts in russia if the sanctions are imposed. concerns or confrontations stretching all the way along the north and east, that is true in the city here, it is a stronghold of pro-russian sentiment in ukraine and it is the home base of ousted president. pro-russian supporters seized a local government building but were remove this morning but not for long. they have retaken the building, re-raising the russian flag and singing soviet era songs. it just highlights the tensions and the divide within ukraine are still running very deep. cheryl: ashley webster, thank you for the update. we will monitor any headlines we will get out of paris but for now of course following this for the client. what are you talking your clients are of interest in eastern europe and in particular with russia, could be be concerned about the stability of the region right now? >> for the last year they have told european clans they face a threat in
troops at all. ukraine relies on russia for most of its energy, using most of that natural gas to fuel their industry and heat homes. the fear is that that reliance will be russia's next weapon. russia could punish ukraine by cutting off the gas altogether. .> they are considering it >> if russia turns off the gas, what would you do? >> we will try to turn the tap it another way. russia cannot the refusing gas -- cannot use gas as a weapon. >> back on independence square they know a thing or two about dealing with the cold. they have been out there for more than three months. they also know about gas shortages. russia has turned off ukraine's gas twice in the last decade. not everyone is convinced that the russians are up for that fight. >> ukrainians and russians? for how long will russia be able to be in this situation? it all goes through ukraine. what will happen? what will happen to their economy? >> night falls. they are celebrating in key avenue. back in their homes, the gas is still flowing. the next front is still an invisible threat. kiev.erg, >> one man who knows how russia
have lost but energy resources are extraordinarily rich to use that wealth to reestablish military might. >> the biggest geopolitical threat you said russia. not al qaeda in 1980 soared out they are asking for their foreign policy back because the cold war has been over 20 years. neil: that is the '80s back on the phone because forget whether the president wants to use words like that he might want to do the same. >> if you like your health care plan you can keep it. period. neil: that is the thing is that all comes back to make people think twice. they always regret to their words when it comes to russia at least you are not what we said. >> i remember hillary clinton talked about sniper fire. >> are these recording instruments? >> this rob the faint of a bite to call the '80s and gatt ronald reagan back. but it shows mitt romney but have made a good president who was the biggest -- the best candidate but shown compared to the weak leadership obama me but have been better off. the republican field is so wide open and that the theme is that you just showed better so empirically wro
of the gulf coast area. today we're looking fine. we have one piece of energy to our south. the sun has been out. it's actually pretty nice out there. what's going to happen, another area of low pressure is going to form on the front. the first one passes but it's the second one we told you about yesterday. we're still watching it. by thursday it will start to come out of the louisiana- mississippi area. it will be moving toward the north and east. thursday afternoon atlantic gets the rain to greensburg, spartanburg. as we head into thursday night, midnight, now a little potential freezing rain south of lynchburg here moving into southwestern virginia. looks a little dicey maybe down in roanoke friday morning but when this gets here, even if it gets this far north, it should be late friday in the form of rain. so not worried about that as much as we were yesterday. >> thanks, howard. >>> police are trying to find the driver who hopped a curb and hit a building in bethesda this morning. it happened just after 9:00 a.m. in front of the price galleries on wisconsin avenue near woodmont avenue.
economic leverage over ukraine because of the supply of energy. he has some influence in western europe, which still gets 25% of their energy from russia. so i think he's sitting there thinking that, in fact, he probably holds the better hand here for whatever negotiation is to come. >> charlie: do you believe he holds the better hand? >> frankly, based on what i'm hearing out of western europe and the reluctance of the europeans to embrace tough sanctions, i think, at least right now, i think he does. >> charlie: so if the europeans are not willing to go forward with tough sanctions, we're in a bad place. >> i think we are. >> charlie: you also have suggested some of your fellow republicans should tone down their rhetoric. >> well, this is a serious crisis that the west is facing, and, you know, when i -- i spent most of my life in the government at a time when, during immediate crises, people came together and were supportive of the president basically with the old line that politics stopped at the water's edge. i think people, right now while the president is trying to get the allies
of the energy market including pipeline highlighted in blue that run directly through ukraine. jonathan hunt with more on the joeg concern. jonathan, it's the reason europe might not back u.s. sanctioning. >> europe has now become so dependent on energy resources from russia that they are terrified of instigating any sort of sanctions regime against the russians. take a look at these figures on the natural gas supply to europe. the czech republic gets 100% of the natural gas it consumes from russia. greece, 70%. ukraine itself 60%. and germany, 50%. we investigated the huge national ral gas company and perp told then vladimir putin who was then president of russia as well, if you remember, was using this as part of his foreign policy. >> it is a significant tool that is dangerous for europe, absolutely devastating for ukraine and certainly not good for russian democracy, freedom or the united states. >> just so emphasize again, that interview took place in 2006. all those predictions, gretchen, now coming true. >> germany is really key, though, how the rest of europe reacts. >> germany is th
are all in talks with iran over its nuclear program. while they talk, energy companies are chomping at the bit to get back into theç islac republic. sanction-free. sharon epperson talking with two big companies now making plans to do just that. she joins us live in houston. hi, sharon. >> reporter: hi, sue. ceos of some of the major oil and gas companies in europe are really looking for investments overseas, including iran. i spoke to the ceo of totale in france, who said they are definitely interested in investing in iran under the right conditions. >> even on what we call the interim period, we might start discussing. we will not invest, we will not negotiate new terms until we can do it. >> reporter: the ceo of italy's eni was the first western oil company ceo to meet with iran's oil minister once that preliminary nuclear deal was reached last year at the end of last year. he says he applauds iran's decision to retool the terms of their business model and in terms of enticing more investment in iran's energy sector, but he says there are definitely some changes that need to be
and western europe are reliant for a large portion of their energy needs. be a douchewill it -- we have anastasia, ryan, i want to start with you. what are you hearing from the people there and whether they have a sense things will not continue to get worse right now. class a lot to talk about. let's start with some of the unrest in the east in the country. , an has been the city industrial city of about one million people. about 500 miles east of here. the last few hours, we have seen clashes. we effectively had a group of about 2000 pro-russian protesters. 5000 pro-ukrainian protesters. then the police were brought in separately. a group actually stormed a regional government building there. we heard the day before yesterday president putin talking about why russian forces are in crimea and why he is looking at the ukraine. he talks about the need to protect russian speaking people. this would of course give him an excuse to go in eastern ukraine, something he said he did not see the need for yet. it is certainly something to watch. then at ground zero in his crisis, that is crimea. t
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